Alliance Data Systems (ADS) PT Lowered to $250.00 at BMO Capital Markets

Alliance Data Systems (NYSE:ADS) had its target price reduced by research analysts at BMO Capital Markets to $250.00 in a report issued on Friday, The Fly reports. The firm presently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ price target points to a potential downside of 3.85% from the stock’s previous close.

ADS has been the subject of a number of other reports. Royal Bank of Canada reissued a “buy” rating and set a $293.00 price objective on shares of Alliance Data Systems in a report on Thursday, January 4th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems in a report on Friday, October 6th. Credit Suisse Group reaffirmed an “underperform” rating and issued a $218.00 target price (up from $193.00) on shares of Alliance Data Systems in a report on Wednesday, January 17th. Barclays raised Alliance Data Systems from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $265.00 to $310.00 in a report on Wednesday, January 3rd. Finally, Zacks Investment Research raised Alliance Data Systems from a “hold” rating to a “buy” rating and set a $310.00 target price for the company in a report on Tuesday, January 16th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Alliance Data Systems presently has a consensus rating of “Hold” and an average price target of $274.94.

Shares of Alliance Data Systems (NYSE:ADS) traded up $7.17 on Friday, reaching $260.02. The company’s stock had a trading volume of 388,114 shares, compared to its average volume of 626,816. The company has a debt-to-equity ratio of 9.53, a current ratio of 2.11 and a quick ratio of 2.09. The company has a market cap of $14,336.56, a price-to-earnings ratio of 27.34, a P/E/G ratio of 0.97 and a beta of 1.79. Alliance Data Systems has a 1 year low of $209.00 and a 1 year high of $278.33.

Alliance Data Systems (NYSE:ADS) last issued its quarterly earnings data on Thursday, January 25th. The business services provider reported $6.10 EPS for the quarter, topping analysts’ consensus estimates of $4.72 by $1.38. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.15 billion. Alliance Data Systems had a return on equity of 62.95% and a net margin of 7.09%. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period in the previous year, the company posted $4.67 EPS. analysts expect that Alliance Data Systems will post 17.06 earnings per share for the current year.

In related news, CFO Charles L. Horn sold 2,128 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $235.00, for a total value of $500,080.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. Edgewood Management LLC lifted its position in shares of Alliance Data Systems by 1.1% during the third quarter. Edgewood Management LLC now owns 2,900,220 shares of the business services provider’s stock worth $642,544,000 after acquiring an additional 30,560 shares in the last quarter. USS Investment Management Ltd raised its position in shares of Alliance Data Systems by 24.3% in the fourth quarter. USS Investment Management Ltd now owns 678,796 shares of the business services provider’s stock worth $172,078,000 after buying an additional 132,796 shares in the last quarter. Atlantic Trust Group LLC raised its position in shares of Alliance Data Systems by 53.6% in the third quarter. Atlantic Trust Group LLC now owns 572,862 shares of the business services provider’s stock worth $126,917,000 after buying an additional 199,877 shares in the last quarter. Boston Partners raised its position in shares of Alliance Data Systems by 21.3% in the third quarter. Boston Partners now owns 531,378 shares of the business services provider’s stock worth $117,727,000 after buying an additional 93,296 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its position in shares of Alliance Data Systems by 13.6% in the third quarter. Wedge Capital Management L L P NC now owns 367,907 shares of the business services provider’s stock worth $81,510,000 after buying an additional 44,006 shares in the last quarter. Institutional investors and hedge funds own 94.77% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Alliance Data Systems (ADS) PT Lowered to $250.00 at BMO Capital Markets” was first reported by American Market News and is the sole property of of American Market News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/26/alliance-data-systems-ads-pt-lowered-to-250-00-at-bmo-capital-markets.html.

Alliance Data Systems Company Profile

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.